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Shares of technology giant Apple (AAPL) have been reprimanded severely by the stock market over the past six months. Traders drooled with a utopian passion until one day last September when ardor suddenly cooled. At one point, down over 40 percent from a $705 high, AAPL has since made a nice rally from its March 4 bottom. What’s the problem that knocked off over $200 billion of market cap? The I-Phone 5 isn’t good enough and signs of margin compression linger. Lines weren’t long enough in China for the rollout and the dreaded rumor that component orders were off, scared away more than a few.
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